US: MBA Mortgage Applications fall -1.7% in Feb-15 week

In the week ending at February 15, mortgage applications in the US have fallen -1.7% according to MBA. Data had dropped -6.4% in the week before.

Feb 20, 2013

Forex: USD/JPY hovering over 93.50/55

The Japanese yen continues to lose ground against the greenback on Wednesday, despite the increased risk aversion, pushing the cross above the 93.50 region....

European markets mixed on Wednesday, UK equities rise on BoE minutes

The German DAX 30 (+0.07%) is up after the release of German January CPI and HICP, that dropped to +1.7% and +1.9% (YoY) in line with consensus. January PPI rose from 1.5% to 1.7% (YoY), instead of easing to 1.2%, as data rose +0.8% on the month (consensus of +0.3%).